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11 Aug 2021, 12:17 pm by Jesse Solis
The purpose of this rule is to match costs to the revenues they generate to best inform creditors and shareholders: deducting, say, the entire cost of a new factory the year it’s constructed could make it seem like a company is unprofitable to shareholders. [read post]
11 Aug 2021, 7:03 am by jaxlawcenter
Any money that remains after paying costs is paid to your creditors pro-rata. [read post]
11 Aug 2021, 6:46 am by jaxlawcenter
The chapter 13 debtor must develop a plan that will repay creditors over three to five years. [read post]
10 Aug 2021, 10:31 am
This means his or her creditors can resume their collection attempts until he or she gains bankruptcy protection again by successfully filing a case. [read post]
10 Aug 2021, 10:23 am
Typically, creditors use the legal process of replevin to repossess property. [read post]
10 Aug 2021, 4:06 am by Patrick Bracher (ZA)
  Speaking generally, confusio destroys obligations in respect of which it operates because someone can be neither their own creditor nor their own debtor. [read post]
10 Aug 2021, 3:38 am by Kellie McTammany
Because the probate court will inventory your assets and notify and pay creditors, your will is a public record. [read post]
9 Aug 2021, 2:38 pm by Rebecca Tushnet
This opinion considered whether Charter was liable in civil contempt and the amount of harm caused by its conduct to the relevant creditors. [read post]
9 Aug 2021, 3:58 am by Peter Mahler
And Wins After Trial Roger subsequently filed a complaint in a separate action asserting his standing as a creditor of Twila’s estate and seeking a judgment declaring that under Article XIX, Roger and not Jeffrey is the sole beneficiary of Twila’s partnership interest. [read post]
8 Aug 2021, 9:31 pm by Joshua Jacoby
You will be served official notice that the lawsuit has been filed, and there will be information about what the creditor says you owe and what the creditor wants to happen (that you pay immediately, that your wages be garnished, or so on). [read post]
6 Aug 2021, 7:16 am by Richard J. Andreano, Jr.
If a creditor placed in the mail a Loan Estimate or Closing Disclosure after June 17, 2021, then the creditor had to treat Saturday June 19 as a non-business day. [read post]
5 Aug 2021, 7:25 pm by LawGina
Second, potentially not all creditors file claims in the case and that debt gets discharged without a payment. [read post]
5 Aug 2021, 5:42 pm by Charles (Chuck) Rubin
 ============== 736.1109 (2) A power of sale or general direction to pay debts, expenses and claims within the trust instrument does not subject an interest in the protected homestead to the claims of decedent’s creditors, expenses of administration, and obligations of the decedent’s estate as provided in 736.05053.If a trust holds an interest in a decedent’s protected homestead at death, this provision codifies a parallel probate result which applies to directly… [read post]
5 Aug 2021, 11:07 am by Mark J. Furletti
If a creditor violates the anti-evasion provisions, the debtor is not obligated to pay the loan and can recover any payments made on the loan from the entity violating the provisions or an assignee of that entity’s rights who undertakes direct collection of payments or enforcement of rights arising from the debt. [read post]
4 Aug 2021, 6:43 am by Shannon O'Hare
Italy The Italian non-performing loan market is set to grow in the coming months as the temporary COVID-19-related measures put in place by the Italian government come to an end, with Italian banks’ non-performing loans likely to increase for the first time in nearly six years. [read post]
4 Aug 2021, 1:56 am by Cari Rincker
Because beneficiaries are not guaranteed a specific amount of money or a particular piece of property, the funds are better protected from any of the beneficiaries’ future creditors or former spouses and, consequently, preserved for subsequent beneficiaries. [read post]
3 Aug 2021, 11:55 am by Marsha Tesar
This means that the creditor may not force an heir or the estate’s executor to pay the beneficiary’s inheritance to the creditor, instead of the beneficiary. [read post]
3 Aug 2021, 11:50 am by Ronald V. Miller, Jr.
If the statute of limitations has expired it means that the creditor no longer has the legal right to enforce the debt against you in court. [read post]